Altarea — M&A Activity 2021

Aug 4, 2021

Press release Paris, 4 August 2021, 5.45 pm

BPCE Vie acquires a stake in Altarea

BPCE Vie, a wholly owned subsidiary of Natixis Assurances, has acquired a strategic 1% stake in Altarea from Altagroupe.

Following this off-market acquisition, BPCE Vie undertook to subscribe to the capital increase announced in connection with the acquisition of the Primonial group.

ABOUT ALTAREA – FR0000033219 - ALTA

Altarea is the leading property developer in France and leader in the urban transformation market. As both developer and investor, the Group operates in the three main property markets (Retail, Residential and Business Property), making it the leading developer of large mixed-use urban renewal projects in France. The Group has the required expertise in each sector to design, develop, market and manage made-to-measure property products. Altarea is listed in Compartment A of Euronext Paris.

ABOUT ALTAGROUPE

Altagroupe is a holding company managed and controlled by Mr Alain Taravella which directly and indirectly holds a significant stake in Altarea.

CONTACT ALTAREA

Eric Dumas, Chief Financial Officer - edumas@altarea.com, tel: + 33 1 44 95 51 42 Pierre Perrodin, Deputy Chief Financial Officer - pperrodin@altarea.com, tel: + 33 6 43 34 57 13

Disclaimer

This press release does not constitute an offer to sell or solicitation of an offer to purchase Altarea shares. For more detailed information concerning Altarea, please refer to the documents available on our website www.altarea.com. This press release may contain certain forward-looking statements that are based solely on information currently available and are only valid as of the date of this document. They are not guarantees of the Altarea Group's future performance. While Altarea believes that such statements are based on reasonable assumptions at the date of publication of this document, they are by nature subject to risks and uncertainties which are unknown or that Altarea is unable to predict or control which may lead to differences between real figures and those indicated or inferred from such statements.

This press release must not be published, circulated, or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions.